What is true about consumer finance companies and credit? A. They always require some form of security for loans.
B. They only consider individuals with an established history of credit
C. They tend to lend only to members
D. The application process for a loan or credit is often quite speedy.

a is the answer because

Explanation:

What Is a Loan?

The term loan refers to a type of credit vehicle in which a sum of money is lent to another party in exchange for future repayment of the value or principal amount. In many cases, the lender also adds interest and/or finance charges to the principal value which the borrower must repay in addition to the principal balance. Loans may be for a specific, one-time amount, or they may be available as an open-ended line of credit up to a specified limit. Loans come in many different forms including secured, unsecured, commercial, and personal loans.

KEY TAKEAWAYS

A loan is when money is given to another party in exchange for repayment of the loan principal amount plus interest.

Loan terms are agreed to by each party before any money is advanced.

A loan may be secured by collateral such as a mortgage or it may be unsecured such as a credit card.

Revolving loans or lines can be spent, repaid, and spent again, while term loans are fixed-rate, fixed-payment loans.

Understanding Loans

A loan is a form of debt incurred by an individual or other entity. The lender—usually a corporation, financial institution, or government—advances a sum of money to the borrower. In return, the borrower agrees to a certain set of terms including any finance charges, interest, repayment date, and other conditions. In some cases, the lender may require collateral to secure the loan and ensure repayment. Loans may also take the form of bonds and certificates of deposit (CDs). It is also possible to take a loan from a 401(k) account.

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Loan

the histogram that represents the data with the largest spread is data set b

answer:

is this serious

explanation: